Cynthia Lummis, the U.S. Republican senator from Wyoming, believes the Federal Reserve should consider holding bitcoin on its balance sheet. Speaking on the Orrin G. Hatch Foundation’s crypto webinar panel, Lummis said that once a regulatory policy is in place it “will make a lot of sense.” Former Federal Reserve Vice Chairman Believes Crypto Perspectives Have Changed With the Advent…
Fed employees will no longer be able to invest in a cohort of assets, including bitcoin.The new rules come into effect on May 1 and prohibit Fed officials from buying stocks, bonds, cryptocurrencies, and other securities.The rules “aim to support public confidence in the impartiality and integrity of the Committee’s work,” the Fed said in a statement. Federal Reserve (Fed)…
Solana, terra and avalanche were all lower on Friday, as market uncertainty impacted all major cryptocurrencies. This came as several of the big ten all fell into multi-week lows versus the U.S. dollar. Biggest gainers With markets mainly in the red on Friday, finding a bull was no mean feat, however, there were some exceptions that weathered today’s storm. The…
Upon the announcement that Francis Suarez, Mayor of the City of Miami, took a $5.25 million disbursement from the MiamiCoin wallet, Cointelegraph inquired about how the city will use these funds. I’m so excited to announce that the @CityofMiami has received its first-ever disbursement from @mineCityCoins totaling $5.25M. This is a historic moment for our city to collaborate with an…
Avenue Securities, a U.S.-based securities brokerage firm specialized in serving Brazilian customers, will offer bitcoin trading services beginning next month, according to a Bloomberg report. “That is beyond a shadow of a doubt the project with the biggest demand from our clients,” Roberto Lee, Avenue’s founder and CEO, told Bloomberg. “Our surveys show that about 15% of our almost 500,000…
Decentralized finance (DeFi) protocol Ref Finance has raised $4.8 million to build out its vision of a “one stop shop” for DeFi in the Near Protocol ecosystem. According to an announcement, the strategic OTC sale was led by Jump Crypto, with participating investors including Alameda Research, Dragonfly Capital and Kucoin Ventures. The funds raised will be used to expand the…
BTC is struggling to hold on to the $40,000 level, but a few analysts say cryptocurrencies might decouple from equities in the coming months. Source: https://cointelegraph.com/news/price-analysis-2-18-btc-eth-bnb-xrp-ada-sol-avax-luna-doge-dot
“DAOs are very powerful token-based coordination mechanism that any person now can wield outside of the legacy financial system”, said Silke Noa, core-member of the AssangeDAO, which recently raised $53 million in support of Wikileak’s founder, Julian Assange. According to Noa, the fundraising campaign was “a huge success” that showed how the power of a DAO can have an impact on…
During the last week bitcoin’s USD value has shed close to 9% as it slipped from $44,239 per unit two days ago, to below the $40K range on Friday. Meanwhile, in the last 24 hours, two sleeping bitcoin block rewards from 2010 woke up after more than a decade of sitting idle. The 100 bitcoins minted in the early days…
Four members of the Wyoming Legislature have sponsored a bill which would allow the state treasurer to issue a stablecoin. On Thursday, Wyoming State Senators Chris Rothfuss and Tara Nethercott with House Representatives Jared Olsen and Mike Yin introduced Senate File SF0106, titled the “Wyoming Stable Token Act.” If signed into law, the bill would authorize the treasurer to issue…
